2/25 Batman Street, Braddon ACT 2612
2/25 Batman Street, Braddon ACT 2612
1 bed / 1 bath / 1 car | 67 m² | Ducted heating & cooling | Braddon inner-north | Strong rental demand
This unit occupies the practical, lower-maintenance end of Braddon’s apartment market, a segment that consistently appeals to CBD professionals and investors seeking walkable convenience. Its 67 m² footprint with a balcony and garage is genuinely competitive for a one-bedroom format, offering more than the typical compact studio-style layouts found nearby. The ducted heating and cooling, floorboards, and built-in robes give it a move-in-ready quality that reduces immediate outlay. It sits within a dense, mixed-use precinct close to Canberra Centre and the tram, which supports strong rental appeal and steady owner-occupier interest from downsizers who value proximity over space.
Value may be shaped by the building’s age and the unit’s internal condition relative to newer stock in the same suburb. The non-residential land use designation and lack of confirmed build year could introduce a degree of caution for lenders or buyers seeking long-term certainty. The absence of a dedicated parking configuration beyond one garage space is standard but limits appeal to households needing two cars. The reported sale of another unit in this building at a significantly higher price suggests variability within the complex, so the final price may hinge on floor level, aspect, and how well the finishes have been maintained.
|| Comparable Sales: 314/2 Batman Street sold $710,000 (2 bed, 2 bath, 2 car); 614/2 Batman Street sold $700,000 (2 bed, 2 bath, 2 car) | Property Price Band: $600,000–$700,000 | Value Drivers: 67 m² layout, garage space, ducted climate control, building condition, and proximity to CBD retail and transport.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/25 Batman Street, Braddon ACT 2612
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Braddon’s inner-north position, anchored by light rail and walkable access to the Canberra CBD, sustains a dense, urban market where renters make up 56.76% of the 5,504 residents. Demand is led by young professionals and investors chasing high-connectivity living, reflected in 247 unit sales over the past year. House prices are under pressure: median values fell 22.24% annually to $570,000 per one dataset, while another shows $657,500, down 7.98%; days on market stretch to 63–77. Units are steadier, with median prices around $565,000 and 0.89% growth, a tight 0.97% vacancy rate, and gross yields near 5.7%. Weekly house rents range $590–$645, units $580–$612. The thin house market—just 29–36 sales annually—intensifies competition, but affordability constraints and rate sensitivity cap upside; infrastructure links to employment hubs support the medium-term outlook for apartments over houses.
PropCred Estimated Value
Comparable Sales: 314/2 Batman Street sold $710,000 (2 bed, 2 bath, 2 car); 614/2 Batman Street sold $700,000 (2 bed, 2 bath, 2 car) | Property Price Band: $600,000–$700,000 | Value Drivers: 67 m² layout, garage space, ducted climate control, building condition, and proximity to CBD retail and transport.
Bedrooms
3
Bathroom
2
Parking
2
Land
1138m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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